In the past month and a half, the APT price has increased by 70%. However, following the achievement of a new local high at $8, the asset began a gradual decline, undergoing a local correction of approximately 20%.
Currently, the APT price is nearing an important support zone between $6.32 and $6.70. If the upward trend in Bitcoin's chart continues, buying APT at this range could be a good option. In this scenario, APT might resume its upward trend, targeting seller zones at $7.52-$7.81 and $8.14-$8.43, with the potential to reach new highs.
However, a correction in Bitcoin’s price could negatively affect APT. In this case, APT could break through its current range and set new lower levels at around $6.0 and $5.7.